CHC pulls in the reins

CHC Helicopter is scaling back its offices in St. John’s, Newfoundland, Canada, as part of a restructuring plan. The COO and financial staff are moving to the company’s office in Vancouver, B.C. CEO Craig Dobbin said that although the company will maintain an office in St. John’s, there will be some layoffs–but he plans to hold off on these for at least six months. Dobbin apparently considered beefing up the office in St. John’s but decided it was not in the best interests of the company or its customers.